Monday September 10, 2018
Spring is traditionally the time for weddings and buying a new home. But according to Trulia, that has changed and now both getting married and buying a home have moved to the fall months. This is actually a good thing for the new home shopper and perhaps for the happy couple as well. Here are more insights from the experts on the subject.
1. There Is Less Competition
Besides those who are out of the market because school started, there are many people who feel the season is over and quit looking figuring there are few homes for sale in the fall. This is not true. The fall brings new inventory and repriced old inventory that failed to sell “in season.” Fall is the time to great price reductions on newly built or resale homes.
2. Sellers Are Ready and Motivated
This means they are ready to make a deal now. The sellers who have listed their homes on the spring may have overpriced their houses may realize that they were asking more for their house than the market could bear. Additionally new home builders may have inventory that is available and may be offering special incentives to help sell these new houses. In the fall, they may not only offer their home at a lower price but be more motivated to make a deal. This is good news for the buyer.
3. Sellers Are More Serious
Besides the leftover spring inventory of houses, there is the fact that in the fall, job relocations are more prevalent, or the seller’s next home they had newly constructed is now ready to move into. They are being forced to move as they do not want the burden of paying two mortgages. This makes for a very motivated seller.
4. There Are Tax Breaks To Take Advantage Of
It is widely known there are tax advantages to owning a home rather than renting. Buying a home in the fall, before year’s end, you are able to deduct property tax and mortgage interest on a whole year’s worth of income, even if the deal closes in December. Payments made before the loan closes are tax deductible. This can make a large dent in your tax bill for the year in which you buy your home.
Why You Should Buy A Landmark 24 Home
Landmark 24 homes are award-winning, newly-constructed homes in beautiful communities and cities with plenty of things to do, see and enjoy. Located in the southeastern states, these communities take advantage of the year- round, mild climate, the natural beauty and that famous southern hospitality, allowing for an easy coastal lifestyle.
There are a multitude of floor plans and architectural styles to choose from and prices to fit families of every size and budget. These are great communities for singles and downsizing retirees as well.
Each Landmark 24 community offers amenities like lovely landscaping, swimming pools, winding pathways on which to walk, bike or jog and large clubhouses to entertain guests. You can also entertain family and friends in your own spacious, private backyard.
Be sure to include any of the Landmark 24 new home neighborhoods in your search for a new home. You will find exactly what you are looking for with a full team of professionals available to make home buying the fun and exciting adventure it should be.